Eco/372 Write 1,050- to 1,400-word paper in which you address the following:

Eco/372

Write 1,050- to 1,400-word paper in which you address the following: 

Identify and define two economic indicators that reflect the strength of the economy (unemployment rate and housing starts)

Address the impact of these indicators on the price of a product and your decision on whether or not to buy this product.

Consider the following examples of economic activities:

  • Purchasing of groceries
  • Massive layoff of employees
  • Decrease in taxes

Describe how each of these activities affects government, households, and businesses.

Relate at least one current event to the activities.

Format your paper in APA format

Cite a minimum of three peer-reviewed sources not including your textbook.

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